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Musk Gets Extra $7 Billion in Financing for Twitter

May 22, 2023
in AI & Technology
Reading Time: 1 min read
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Elon Musk has secured about $7.1 billion of new financing commitments, including from billionaire Larry Ellison, a Saudi Prince, and Sequoia Capital, to help fund his proposed $44 billion takeover of Twitter. Dan Ives of Wedbush says this new financing is good for Tesla and Twitter shareholders. He’s on “Bloomberg The Open.”

source

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